3min chapter

Macro Musings with David Beckworth cover image

Larry White on Stablecoins, Money Market Funds, and the History of Free Banking

Macro Musings with David Beckworth

CHAPTER

Addressing Risk in Money Market Mutual Funds

This chapter discusses proposals to mitigate risk in money market mutual funds, such as minimum balance at risk and swing pricing. It also mentions a clever contractual design used in Scotland during the free banking period and promotes the podcast's guest and subscription.

00:00

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